citykid

Hoping to see a tree, or a few trees in the area. Xmas trees and decorations = Xmas shoppers X money spent in the local area :-)

Lots of predictions out there that price increases set to continue.. Southwark prices predicted to go up 21.5% over next 5 years http://www.telegraph.co.uk/property/investmentinproperty/9775932/Property-investment-top-20-places-to-make-money-in-London.html?frame=2441103#?frame=2441053 Found the earlier points about sentiment being the driver rather than fundamentals very interesting. Whilst I completely understand the points made here I do think there is a flaw.. simply because people buying flats / houses are not (usually - although, sure, sometimes) borrowing 80pc - they are more likely borrowing much less - particularly on bigger purchases as they would have accumulated equity if not a first time buyer. Also, many first time buyers are now in this category too courtesy of help from the bank of mum and dad.